£257,814
This estimated value is based upon the latest sale price for the house of £135,000 on 3 Sep 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £135,000 | 3 Sep 2004 |
| £135,000 | 3 Sep 2004 |
| £54,950 | 30 Mar 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in September 2004 the House Price Index for TYNE AND WEAR was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £135,000 results in an estimated price of approximately £257,814.
| 3 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £135,000 | £122,814 | £257,814 |
The Postcode Pricing Model uses changes in average sales price within the SR5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 82.699 % | £111,643 | £246,643 |
| 3 Month Average | 46.442 % | £62,697 | £197,697 |
| 6 Month Average | 32.981 % | £44,524 | £179,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £119,919 | £120,000 | 25 CASPIAN ROAD |
| 10 Jun 2022 | £123,749 | £122,000 | 57 CASPIAN ROAD |
| 29 Apr 2022 | £119,457 | £116,000 | 20 COLOMBO ROAD |
| 27 Apr 2022 | £195,662 | £190,000 | 25 MACMERRY CLOSE |
| 19 Nov 2021 | £254,156 | £235,000 | 5 MACMERRY CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 10 Dec 2013. Using an estimated price of £257,814 means this house is valued at £3,483 per sq meter (£323 per sq foot).
The average size of a house on TOLLERTON DRIVE is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Macmerry Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Macmerry Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Macmerry Close |
| Jan 2024 | Other crime | Under investigation | On or near Macmerry Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Macmerry Close |